£319,762
This estimated value is based upon the latest sale price for the house of £312,500 on 6 Oct 2023. This value is then adjusted by the current Official House Price Index for LUTON 1
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1A Riddy Lane, Luton, LU3 2AD
Phone: 01582955943
| Price Paid | Date |
|---|---|
| £312,500 | 6 Oct 2023 |
| £175,000 | 23 Jul 2008 |
| £157,000 | 29 Apr 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 sq feet |
This model uses changes in the Official Land Registry House Price Index for LUTON to estimate the market value.
When this house was purchased in October 2023 the House Price Index for LUTON was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £312,500 results in an estimated price of approximately £319,762.
| 6 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £312,500 | £7,262 | £319,762 |
The Postcode Pricing Model uses changes in average sales price within the LU3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -16.420 % | £-51,311 | £261,188 |
| 3 Month Average | 2.918 % | £9,119 | £321,619 |
| 6 Month Average | 0.986 % | £3,082 | £315,582 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £330,071 | £325,000 | 22 WATERSLADE GREEN |
| 21 Dec 2023 | £290,940 | £282,000 | 139 RUNFOLD AVENUE |
| 13 Oct 2023 | £306,972 | £300,000 | 17 PARYS ROAD |
| 6 Oct 2023 | £319,762 | £312,500 | 133 RUNFOLD AVENUE |
| 17 Nov 2022 | £442,929 | £445,000 | 58 CATSBROOK ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 23 Sep 2016. Using an estimated price of £319,762 means this house is valued at £3,899 per sq meter (£362 per sq foot).
The average size of a house on RUNFOLD AVENUE is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Waterslade Green | |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Waterslade Green |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waterslade Green |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Catsbrook Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Catsbrook Road |